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Thursday, November 18, 2010

Household Budget

                   You may be wondering why after all these years, you still have no good financing scheme. A simple budget can be made by you but I would like to say that following this simple budget may help  you and your family. Here it is. For every  money that you receive, regardless of the amount. allot  50 percent for necessities, 30 percent for miscellaneous, 10 percent for savings and 10 percent for giving. Necessities include food, light and water bills, education for children, your kitchen needs,etc. Miscellaneous  include  your unexpected visit to doctor, trip etc. Giving includes your allowance for children in going to school, salaries for helpers, payment for extra jobs, etc. Savings must be kept in a bank.
                   Happy Budgeting.

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